APM Human Services (APM AU): 18th Sept Vote On Madison Dearborn's Offer
Back on the 31st May, employment and disability services play APM Human Services (APM AU) and US PE-outfit Madison Dearborn Partners, entered a Scheme at A$1.45/share, in cash.
That's a 74.7% premium to undisturbed. A scrip option was afforded, and Executive Chair, Megan Wynne and CEO, Michael Anghie will take up that option, if the Scheme is implemented.
The Scheme Booklet is now out, with a Scheme Meeting to be held on the 18th September. Expected implementation on the 10 October. The IE says fair & reasonable.
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